Fortress Blockchain Unveils NFT Data Storage Solution on Google Cloud
September 30, 2022
September 30, 2022
The Fortress Vault is a revolutionary non-fungible token (NFT) database resolution based mostly on the open, secure, scalable, and sustainable cloud architecture of Google Cloud. The Fortress Vault assists businesses throughout all industries in safeguarding their tokenized intellectual property (IP) and assets by securely storing the material with blockchain-enabled accessibility, privateness, mobility, and provenance.
In a society that already works digitally, papers may now be encrypted, saved, monitored, referenced, and retrieved with clear provenance, established ownership, and information of authenticity that do not disclose non-public data or risk human error. In areas similar to music, occasion tickets, playing, banking, transportation, actual property, and healthcare, Vault is a pioneer in its capacity to protect the confidentiality of personal information accessible via NFTs.
Kevin Lehtiniitty, co-founder and chief know-how officer of Fortress, asserts that non-fungible tokens (NFTs) aren’t simply dear pictures.
“NFTs are a way that enables access to unique or non-fungible information through a distributed ledger to be able to verify the validity and provenance of an item. If you’ll be able to pair the token with knowledge that’s accessible only to the token holder — and solely to the token holder — then NFTs turn into a digital key to unlock everything from music to occasion tickets to actual estate deeds to healthcare data to estate documents, basically to every little thing digital in the world.”
Prior to Vault, blockchain material was both publicly out there or required to be housed on uncontrolled databases on globally dispersed machines. This excluded sensitive or useful intellectual property and materials from digital assets similar to NFTs. With Vault, company users can now privately retailer tokenized intellectual property using a single, cloud-based, and secure solution.
Lehtiniitty provides, “NFTs and the blockchain will radically disrupt each industry in our society.” “By setting up the Fortress Vault on Google Cloud’s secure infrastructure, we’re paving the method in which for Fortune 500 companies, governmental organizations, celebrities, and anyone else to construct revolutionary new services and products on blockchain expertise while adhering to privacy and compliance standards.”
“We sit up for partnering with Fortress Blockchain Technologies and offering secure cloud infrastructure to permit its new Vault platform,” mentioned Carlos Arena, head of Google Cloud’s Digital Assets division.
“Our collaboration enhances our larger goal to assist empower the Web3 ecosystem with scalable expertise and community-building options,” Arena stated.
Prior to launching Vault, Fortress had already begun removing barriers with simple, streamlined APIs that enable businesses at any stage of Web3 adoption to launch and scale rapidly with embeddable wallets for NFTs and fungible rewards tokens; mint NFTs; and combine key financial services backed by a safe, regulated financial establishment, Fortress Trust. As a regulated business, Fortress Trust oversees Vault and assures its privateness and compliance requirements.